As Mcdonalds Corp (MCD) Share Value Declined, Shareholder Two Sigma Securities LLC Cut Stake

May 18, 2018 - By Susan Price

McDonald's Corporation (NYSE:MCD) LogoInvestors sentiment increased to 0.88 in Q4 2017. Its up 0.11, from 0.77 in 2017Q3. It increased, as 54 investors sold MCD shares while 601 reduced holdings. 125 funds opened positions while 451 raised stakes. 518.42 million shares or 0.36% less from 520.27 million shares in 2017Q3 were reported. Moreover, Glob X Management Limited Liability Corp has 0.03% invested in McDonald's Corporation (NYSE:MCD). Logan Capital Mgmt has 20,291 shares. Moreover, Veritable Ltd Partnership has 0.17% invested in McDonald's Corporation (NYSE:MCD). Rand Wealth Llc stated it has 19,657 shares or 0.37% of all its holdings. 2.75 million were accumulated by Ameriprise Fincl. Cv Starr & Inc Tru invested in 40,000 shares. Schnieders Capital Lc invested in 0.71% or 9,914 shares. 16,739 are owned by Pictet Retail Bank Tru Ltd. Weiss Multi stated it has 22,466 shares. Beese Fulmer Investment Management invested in 1.56% or 42,399 shares. Barclays Pcl reported 2.08 million shares. Baxter Bros has 0.79% invested in McDonald's Corporation (NYSE:MCD). The New Hampshire-based D L Carlson Grp has invested 0.55% in McDonald's Corporation (NYSE:MCD). Alliancebernstein LP invested in 5.85 million shares. Cap Advisers Limited Liability Co has 195,046 shares.

Since January 31, 2018, it had 0 buys, and 4 selling transactions for $11.52 million activity. GOARE DOUGLAS M also sold $6.00 million worth of McDonald's Corporation (NYSE:MCD) on Wednesday, January 31. Shares for $3.09 million were sold by OZAN KEVIN M.

Two Sigma Securities Llc decreased its stake in Mcdonalds Corp (MCD) by 87.66% based on its latest 2017Q4 regulatory filing with the SEC. Two Sigma Securities Llc sold 20,728 shares as the company’s stock declined 8.13% with the market. The hedge fund held 2,917 shares of the restaurants company at the end of 2017Q4, valued at $502,000, down from 23,645 at the end of the previous reported quarter. Two Sigma Securities Llc who had been investing in Mcdonalds Corp for a number of months, seems to be less bullish one the $126.83 billion market cap company. The stock increased 0.14% or $0.22 during the last trading session, reaching $161.53. About 230,024 shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since May 18, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Two Sigma Securities Llc, which manages about $3.73B US Long portfolio, upped its stake in Alphabet Inc (Call) by 8,400 shares to 9,000 shares, valued at $9.48M in 2017Q4, according to the filing. It also increased its holding in Salesforce Com Inc (Call) (NYSE:CRM) by 30,482 shares in the quarter, for a total of 38,000 shares, and has risen its stake in Cummins Inc (Call) (NYSE:CMI).

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on July, 24. They expect $1.93 earnings per share, up 11.56 % or $0.20 from last year’s $1.73 per share. MCD’s profit will be $1.52 billion for 20.92 P/E if the $1.93 EPS becomes a reality. After $1.79 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts 7.82 % EPS growth.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s Beats Earnings, But What’s Next?” on May 02, 2018, also 247Wallst.com with their article: “Why Everyone Is Eating Up McDonald’s Earnings” published on April 30, 2018, Benzinga.com published: “Why Goldman Sachs Is Adding AutoZone, McDonald’s To Its Conviction List” on May 07, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: 247Wallst.com and their article: “Apple, McDonald’s, Pfizer and Other Dow Earnings Coming This Week” published on April 29, 2018 as well as Globenewswire.com‘s news article titled: “McDonald’s Restaurants Expect to Hire 2000 in Iowa this Summer” with publication date: May 17, 2018.

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 24 analysts covering McDonald’s Corp (NYSE:MCD), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. McDonald’s Corp had 44 analyst reports since November 29, 2017 according to SRatingsIntel. As per Thursday, December 21, the company rating was maintained by RBC Capital Markets. Oppenheimer maintained the shares of MCD in report on Tuesday, January 30 with “Hold” rating. The firm earned “Buy” rating on Tuesday, January 23 by Robert W. Baird. The rating was maintained by Barclays Capital with “Buy” on Tuesday, January 16. The firm earned “Buy” rating on Wednesday, January 31 by BMO Capital Markets. Bank of America maintained it with “Buy” rating and $180 target in Monday, March 5 report. Credit Suisse maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, December 19. Credit Suisse has “Buy” rating and $185.0 target. The rating was maintained by SunTrust with “Buy” on Tuesday, April 17. The company was maintained on Monday, March 5 by Robert W. Baird. Jefferies upgraded McDonald's Corporation (NYSE:MCD) on Tuesday, December 5 to “Buy” rating.

McDonald's Corporation (NYSE:MCD) Institutional Positions Chart

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